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murdoch and london and paul farmer on haiti when we continue. every story needs a hero we can all root for. who beats the odds and comes out on top. but this isn't just a hollywood storyline. it's happening every day, all across america. every time a storefront opens. or the midnight oil is bned. or when someone chases a dream, not just a dollar. they are small business owners. so if you wanna root for a real hero, suppt small business. shop small. captiong snsored by rose communicaons from our studiosn new york city, this is charlie rose. >> rose: we begin this evening with the story of rupert mdoch and his media empire, which is under siege in london. the controversy arises from an ongoing phone hacking scandal and inappropriate relgtszships with the police. murdoch flew to london last weekend to takmaom cnd of the defense of his companyom newsco. on sunday hesh ut d t dhe newspaper involved in the scandal. the 168-year-old tabloid "news of the world." yeerday he whdrehis bid for the remaining shares of b sky b worth more than $12 million after mounting presre from the british governmen
, "bbc world news." >> this is bbc world news america reporting from washington. rupert murdoch's news corp. has dropped their bid for bskyb. >> they clearly need to do with the problems that news international. >> 21 people were killed in a financial capital. the fighting continues to rage in libya. colonel gaddafi's forces and the rebels are still in a tug of war. the last few days have brought an incredible reversal of fortune for rupert murdoch's media empire and today can get another blow. bowling to public and political pressure, news corp. withdrew their bid for bskyb. this is in the wake of the hacking scandal. for more on how the deal went, here is the bbc's business editor. >> rupert murdoch, the great news mobile is in the news for what he would see as the wrong reasons. the great humiliations' of his career, the abandonment of his desire to get all of british news broadcasting. "we believe that the acquisition would benefit both companies it has become clear that it is too difficult to progress in this climate." this was the appalling climate for mr. murdoch. >> when such a
>>> making news this morning, blame game. >> billionaire news titan rupert murdoch like we've never seen him before plus the wife who jumped to his defense this morning, a new chapter in the scandal. >>> taking a toll. without a deficit deal new numbers show voter dissatisfaction at a 20-year high but today a glimmer of hope. >>> cranking up that dial. the hottest weather in years for millions and relief is days away. >>> well, good morning, everyone. today the british prime minister will be grilled on the news corp phone hacking scandal which is oh, ye news. >> oh, yes. morning newspapers around the world have the murdoch father sy and son testimony front and center. rupert murdoch's own tabloid "the sun" has a subdued front page with the headline, "the most humble day of my life" quoting rupert murdoch from yesterday. >> the newsmaker making the news. "the daily mirror" has a not so suble foam whacked headline. >> that was an alarming moment during the hours-long questioning by members of parliament. abc's jeffrey kofman she's us how it happened. >> reporter: james murdoch was abo
'brien. pulling the plug on a major deal. rupert murdoch's news corporation ditches its bid for bskyb. mumbai under attack again. three explosions rocked india's financial capital, killing at least 21 people. and on at libya's front line, and to counter attack by colonel gaddafi's forces against rebels advancing on tripoli. >> you can hear it. ♪ >> welcome to our viewers on pbs in america and also a round the globe. the last few days have brought in a credible reversal of fortune for rupert murdoch's media empire. today came another blow. public and political pressure, news corporation withdrew its bid for bskyb. it is another casualty of the hacking firestorm. now prime minister david cameron has announced details of a far- reaching inquiry into recent events. for more on how the deal went bust, here is the bbc business editor. a warning, there is some flash photography. >> rupert murdoch, the great news mogul, in the news for the wrong reasons. putting on a brave face before one of the great humiliations' of his career, the abandonment for his attempt to take over bskyb. here is the explo
phone hacking and alleged corruption in rupert murdoch's newspaper empire. police commissioner john yates said he had been i don't think in 2009 not to reopen an investigation into the affair, but had acted with complete integrity. meanwhile, the journalist who first claimed that andy knew about alleged malpractices at the "news of the world" has been found dead at his home. >> he is yates of the yard no longer, resigning just a day after his boss, the commissioner of the metropolitan police, both paying the price for failing to get to grips with the hacking scandal. so said the mayor of london. >> i regret to say they have just come off the phone with a.c. john yates who has tendered his resignation. >> boris johnson insisted that both men had jumped and were not pushed. he made it abundantly clear he did everything to encourage them. >> i think the support to john yates and the issues and questions and circumstances is going to make it very difficult for them to continue to do their jobs in a way that they wanted. >> john yates began the day determined not to resign telling collea
by a journalist working for rupert murdoch. >> from greece to italy. eurozone finance minister say that they are determined to stop the crisis from spreading. they say they did not buy their way to success. it is 11:00 a.m. here in singapore. >> 4:00 a.m. here in london. broadcasting around the world. >> that the clinton has said presidents assad of syria has lost legitimacy. she says he has failed to deliver reforms and stop a campaign of violence against his people. she did not call on him to step down but made it clear he had no support in washington. from washington, this report. >> this made washington very angry, an attack on the embassy in damascus. for washington, the fighting and syria has gained a slightly more personal dimension. a few hours after the attack, this was hillary clinton's message to mr. . >> united states strongly condemns the failure to protect facilities in domestic, including french embassies and our ambassadors residents. if anyone thinks that the united states is secretly hoping their regime will emerge from this turmoil to continue its brutality and r
. let's start with this. rupert murdoch and his son were supposed to be the focus of a british parliament hearing today in london but they were upstaged momentarily by an intruder who somehow managed to get very, very close to the murdochs, too close as you're about to see. watch. so no official word yet as to who exactly that guy in the plaid shirt was. we know he was shouting you greedy billionaire, but he pushed a plateful of shaving cream into rupert murdoch's face before he was grabbed, first by his wife, if you watch it, not in this shot but you can see she was wearing that bright pink jacket, and then by authorities. they did take a quick break. he then continued jacket off to answer questions before parliament's committee on media, culture and sports. so the members wanted to know this, how much did rupert murdoch and his top executives know about the phone hacking by reporters on his payroll, how closely he followed day-to-day operations. the newspaper closed because of this whole thing. and how responsible he feels about this entire affair. >> do you accept that ultim
-out quarter. >>> media mogul rupert murdoch and his son faced certain questions from uk legislators. now the phone hacking saga rolls on with a new parliamentary report saying murdoch's news international, quote, deliberately tried to obstruct a police investigation into the now defunct "news of the world". in the meantime, prime minister david cameron is getting ready to make an emergency statement on this crisis after flying back early from a trade trip to south africa. >>> many of us here in hong kong watched that testimony and we stayed up pretty late to watch it. rupert murdoch denied any knowledge of phone hacking at the "news of the world," but it was his son james who actually did most of the talking, intervening when his father seemed at a loss for words. it was murdoch's wife wendy who intervened in a very different way. dan rivers has the details for us. >> i would just like to say one sentence. this is the most humble day of my life. >> reporter: this was how rupert murdoch started. despite his apparent contrition, he surely had no idea what was about to literally hit him. wh
murdoch here in the u.s. >>> and a dramatic victory. the u.s. women's soccer team is headed to the world cup finals for the first time in 12 years. >> oh the goal, an explosion! we win! usa! captioning funded by cbs >> good morning >> good morning on this thursday, and thanks for joining us. i'm betty nguyen. >>> we begin with the increasingly tense talks to reduce the deficit and raise the debt limit. another meeting is scheduled for today. at yesterday's sitdown the talk was blunt with president obama telling republican congressional leaders "don't call my bluff." joel brown is in washington with the latest. good morning, joel. >> betty, good morning. by all accounts this was a tense session yesterday at the white house, both sides losing patience a bit. this was the longest white house session yet and still no progress to report. president obama will sit down with republicans again today, after a contentious meeting on wednesday. aides close to the debt ceiling negotiations say when house majority leader eric cantor pressed for a short term deal the president said "enough is enough. w
, "bbc world news." >> will he? won't he? rupert murdoch and his son deciding if they will face a parliamentary committee over the british phone hacking scandal. clouds over the italian economy as the senate bets on a 40 billion euro cut package and the markets give their verdict. hours after the death of the afghan president's half brother, four people are killed as they attend his memorial service. welcome to bbc world news. also coming up on the program. in mumbai, the death toll rises to 18. just who did carry out india's worst militant attack since 2008? big dreams from a tiny island. one of the world's smallest countries hoping for olympic success. hello. it could be another landmark moment in the phone-hacking scandal. we should know very seen whether the media tycoon rupert murdoch has agreed to be questioned by members of british parliament. his son, james, and rebecca brooks have also been invited to appear before the hearing. we can go live to westminster. it feels like we're on the deadline hour for learning whether rupert murdoch is going to say yea or nay to appear
you. louise mensch? >> i would like to draw you out with a question i put to mr. james murdoch at the end of our last session, which is the wider culture of hacking and private detectives within fleet street and to what extent the "news of the world" felt justified in those practices, because everybody is doing it, if you like. i put to him that piers morgan, now a celebrity anchor on cnn, said openly in his book which was published before this whole controversy broke, that he had hacked phones, he said he won scoop of the year for a story, he actually gave tutorial in how one accesses voicemail by punching in a code and clearly from the account that he gives, he did it routinely as editor of "the daily mirror" and it was something that happened there. he was also of course an ex-employee of "news of the world." i went through the information commissioners' report and added up, for transactions in the daily mail's associated newspapers group, there were 1,387 transactions with mr. whitmore used by 98 journalists in total across titles and supplements in that group. is it not ob
parliament today in connection with that tabloid phone-hacking scandal. a day after rupert murdoch denied any knowledge of wrongdoing. his testimony interrupted by a protester with a pie. >>> and swept away. three hikers feared dead after reportedly getting caught in a dangerous current and pulled over a big waterfall at yosemite national park. and searchers are out looking for their bodies today wednesday, july 20th, 2011. captions paid for by nbc-universal television >> announcer: live from studio 1a in rockefeller plaza. >> and good morning, everyone. welcome to "today" on a wednesday morning. i'm matt lauer. >> and i'm ann curry. as you see, it's 76 degrees already at 7:00 a.m. here in new york city. and new york is one of 32 states under a heat advisory warning today. >> i think you can see that shot from above, the haze that's hanging over the city. apparently a lot of the country is trapped inside what people are calling a heat dome. inside that dome temperatures in the 90s and 100s in areas that aren't used to getting that hot. now you throw humidity on top of that, and there is simpl
for an investigation of rupert murdoch's media empire as the company pays a new price for its phone hacking scandal. could a massive probe now under way in britain happen here in the united states? and the obama money-maybing machine. who's behind the cash and can the republicans compete? >>> president obama and the congressional leadership are under enormous pressure right now, about 40 minutes into their latest round of debt crisis talks. they haveless than three weeks until the deadline to raise the legal limit on the federal debt. and by all accounts, they're still very far apart. what if anything emerges from this meeting? consider the very dire warnings from the chairman of the federal reserve. ben bernanke using very strong words today, telling congress that the global financial system would be thrown into enormous disarray. that's a direct quote, if the u.s. treasury is deadbeat on its debt. >> ff we went so far as to default on the debt, it would be a major crisis. the treasury security is view as the most safest and liquid in the world. it's the foundation for much of our financial system
murdoch and the news corporation case in london. >> i tell you today is not the end of the story but with the res ig make of rebekah brooks on tuesday, this is a story which will run for months if not years with police investigations, judicial inquiries, lawsuits and any number of other threats still piling up against the mpany. but it's a significant day. >> the president's press conference, global implications for europe and th united states and the rupert--upert murdoch case. >>> funding for charlie rose was provided by the following: storyline. it's happening every day, all across america. every time a storefront opens. or the midnight oil is burned. or when someone chases a dream, not just a dollar. they are small business owners. so if you wanna root for a real hero, support small business. shop small. additional funding provided by these funders: and by bloomberg a provider of multimedia news and information services worldwide. from our studiosn new york city, this is charlie rose. >> psident obama had a press conferen earlier th morning following five days of closed door
, "bbc world news." >> isolated and under pressure, rupert murdoch is deciding if he will give evidence to a british parliamentary committee on the phone hacking scandal. rebecca brooks has said she will go there. what is the risk to rupert murdoch's global empire, especially in the u.s.? the government asks if it is fit and proper to own bskyb. > >> hello and welcome to gmt. i am zeinab badawi. a memorial service for the afghan president's slain brother is marred by another attack on the same day the when it reveals civilian casualties and afghanistan have increased. as the funeral starts for big thumbs of the mumbai bomb attack, indian authorities blame terrorists for the blast that killed 20 and left dozens injured. hello and welcome to gmt. it is midday in london, 7:00 a.m. in washington, and the former editor of the "news of the world" newspaper has agreed to be questioned by british mp's over the phone hacking scandal. the committee is taking further steps. rupert murdoch's news corp. has a knowledge it cannot be business as usual and it has dropped its full takeover bid, at least
escalates, rupert murdoch and his son james prepared to face questions from a u.k. parliamentary committee. gaddafi must go. u.s. officials deliver an uncompromising message to their libyan counterparts in a secret meeting. the eurozone debt crisis worsens. fears for the major banks cause a stock market slump. u.s. secretary of state hillary clinton builds bridges on a two- day trip to india. it is 11:00 a.m. in singapore. >> it is 4:00 a.m. in london, broadcasting in america and around the world. this is "newsday." the owner of britain's biggest media empire, rupert murdoch, is to make his first appearance before a committee of british members of parliament on tuesday to face questioning about the phone hacking scandal at the "news of the world." his son james will also give evidence, and will the former boss, rebekah brooks. the scandal has already forced two a senior police officers to resign. >> he is ben yates of the are no longer, resigning just a day after his boss, sir paul stevenson. both paying the price for failing to get to grips with the hacking scandal. so said the mayor of l
predecessors have been criticized for their ties to news corp. chairman rupert murdoch and the people who run his london media operation. >> the public expects is not petty political point scoring but a -- what they want, what they deserve is concerted action to rise to the level of events and pledge to work together to sort this issue out once and for all. and it is in that spirit that i commend this statement to the house. >> in this country, a new debt ceiling compromise seems to be getting traction in washington. six senators, three republicans, and three democrats are offering a plan to cut the nation's debt by about $3.7 trillion over the next decade. it includes spending cuts and about a trillion dollars in new tax revenue. republicans have insisted on deep cuts and no tax increases before they'll agree to raise the country's borrowing limit. that debt ceiling deds line is now just 13 days away. minnesota's three-week government shutdown is over. democratic governor park dayton signed a budget bill today. he and republican lawmakers finally agreed to use accounting gimmicks to close th
after rupert murdoch tried to repel the british assault on his empire, it's the prime minister's turn to face parliament. david cameron tainted by claims that he was too cozy with the media giant and drew raucous responses in his appearance before the special session. >> what is the public expects is not petty political point scoring but a -- what -- what they want, what they deserve is concerted action to rise to the level of events and pledge to work together to sort this issue out once and for all and it is in that spirit that i commend this statement to the house! >> across great britain, public and political outrage has been boiling over claims of police bribery, phone hacking and a heartless abuse of power. james and rupert murdoch walked into parliament knowing that they had to tamp down some of that public anger so did they succeed some atika shubert is in london now. what are the people saying on the streets, atika? >> reporter: well, the remark that most people are really focused on is one of the mps, tom watson really grilled rupert murdoch and bluntly asked him do you thin
is gordon with rupert murdoch's daughter. for years, they stayed close together, but no more. the smiles of fell away. they accuse them of using criminals to investigate his private life. >> i have my bank accounts, my lawyers files, someone was getting information from my lawyers. my tax returns went missing at one point, medical records have been broken into. i do not know how this happened. but i do know one thing. there is absolute proof that news international was involved in hiring people to get this information i do know that the people they work with our criminals. >> he claimed they were looking for information about a flat on this london street that you bought in the early 1990's. >> are you considering resigning? >> this is the editor of "the sunday times." in a statement tonight, the paper said, we believe no law was broken, no criminal was used, and this story was published. he attacked the way reporters that his son was suffering from cystic fibrosis. it left some in tears. >> your son is now going to be broadcast across the media. we are incredibly upset about it. we're th
murdoch grilled while his wife wendy jumped to an attack from a pie throwing prankster. live to london for the latest. >>> american airlines announces an $85 billion plan to buy a brand new fleet of planes. what it could mean for the economy and jobs in the united states. >>> deal or new deal? new hope for the budget talks. a possible break-through plan, president obama, even some republicans are praising. what it could mean for your wallet "early" this wednesday morning, july 20th, 2011. captioning funded by cbs >> good morning, welcome to "the early show" here on wednesday, july 20th, i'm chris wragge. >> i'm rebecca jarvis. erica hill is off this morning. >>> prime minister david cameron faces questions in parliament over where he hired a former news editor from a newspaper that faces questions over phone hacking. jeff, good morning. >> reporter: good morning to you from london. david come ron addressing the scandal as it appears to be getting closer and closer to his office. >> over the past two weeks a torrent of revelations and allegations has engulfed some of this country's most
? >> and now, "bbc world news." >> report murdoch says that he will appear before british lawmakers. the u.s. some of the fbi source her own investigations. the senate has approved cuts and tax increases. -- the fbi started their own investigations. forced into hiding as the crackdown in syria continues, we crossed the border to get a rare look at how thousands of families are living. this is "bbc news." we have handled the crisis well in every way possible, making minor mistakes. those of the words of rupert murdoch in an interview with his own paper, "the wall street journal." there is an investigation that news corp. was hacking into the phones of people. >> parliament has cost them the news of the world, but they would like to hold rebecca broke and -- rebekah brooks and james murdoch to account. this was a summons they could not ignore. >> do the decent thing. the cannot hide away from this level of public anguish. -- you cannot hide away. >> at first, they were reluctant witnesses. rupert murdoch said that he could not attend the session but he was willing to give testimony is an inq
rupert murdoch grilled while his wife wendi jumped to his offense from a pie-throwing prankster live on london for the latest. >>> american airlines announces $85 billion blan to buy a praned new fleet of planbrand-new flee planes. >>> deal or no deal. new hope on those deadlock washington budget talks as a possible break through plan and even some republicans are praising. tell you what it is and what it means for your wallet "early" this wednesday morning, july 20th, 2011. captioning funded by cbs >>> good morning. welcome to "the early show" on wednesday, july 20th. i'm chris wragge. >> i'm rebecca jarvis. erica hill is off this morning. >>> britain's tabloid scandal, prime minister david cameron faces questions in parliament today why he hired a former "news of the woshled" editor connected to phone hacking. our own jeff glor has made his way to london for the very latest on the scandal that seems to grow day by day. jeff, good morning. >> reporter: chris, good morning to you from london. you mentioned some developments this morning. david cameron, right now, addressing the scand
murdoch's media empire. the message is clear, both the u.s. and great britain are turning up the heat. >>> in china, a section of bridge collapses. sending a tourist bus plunging into the forest below and the death toll could get higher. >>> clock is ticking and tensions are soaring and if you want an idea how things heat are over the debt crisis, listen to this. president obama storms out of yesterday's meeting vowing he will veto any extension of the debt ceiling that is only short term. reports say he said to aeric cantor, quote, many could bring down my presidency. >>> the august 2nd deadline is looming and pessimism is growing. a major rating agency says it will review the nation' sterling bond rating for a possible downgrade. we are covering the angles of this all-important debt talk story. dan lothian at the white house with reaction to the extraordinary ratcheting up of tensions. ali velshi is giving us the bottom line on the economics. why should you care that u.s. bonds could face a brutal reality check? ali, let's start with you. a downgrade would be like seeing your person
to call on plans for rupert murdoch's bid for the bskyb to be abandoned. this report from our deputy political editor does contain flash cryptography. >> here is gordon again in downing street with his daughter elisabeth next to him. and their top editor, rebekah brooks, the red hat on the right. for years a team brown stayed close. no more. the smiles fell away. using criminals to investigate his private life. >> i had my bank accounts broken into. ilesd my lawyers' f blanked. my tax returns went missing at one point. medical records have been broken into. i do not know how all this happened but i do know one thing, into of these instances, there is absolute proof that news international was involved in hiring people to get this information. i also know that the people they work with our criminals. >> court of mankind were looking for information about a flat in this london street in the early 1990's. he said he paid the market rate. the sunday times conceded not. >> are you considering resigning? >> he is not resigning. his newspaper had been out to bring brown down as a government
-- james murdoch claims he did not mislead parliament about the phone hacking allegations. with almost half of somalia's people short of food, the u.n. announces emergency food drops. lucian freud has died. >> it is to i am here in london. you are watching "newsday." leaders of the 17 countries which use the euro have agreed to the terms of a second bailout plan for greece. the greek rescue package will be worth more than $150 billion and there will be billions more from private investors such as banks. >> nearly 10 years ago, the euro had been lost to a fanfare of celebration. they are now facing the greatest test. the leaders came up with a historic package designed to draw a line under the greek debt crisis. the french president and the german chancellor pushed through a rescue plan which amounted to nearly 110 billion euros. the deal not only covers short- term funding but is intended to cover the debt burden. >> i have made it clear that today is not someone standing up and waving a magic wand but it is helping greece return to the path to understand the process. i am confident that we
david cameron, and the culture secretary on either side of rupert murdoch. the pressure is rising on the media mogul. it was britain's worst peacetime act of terrorism. but now, there are concerns that families of those killed on 7/7, in 2005, were also eavesdropped upon by the british tabloid, "news of the world." graham lost his son, david, in the attack. and says his phone may have been hacked by reporters. >> the thought that somebody may have been listening to me begging for david to phone home. i thought we were in a dark place and i didn't think anybody could make it darker. but i'm proved wrong. >> reporter: the phone hacking scandal is so shocking, it's prompted an emergency debate in britain's parliament. >> it's make the public. and i feel so appalled by what's happened. murder victims, terrorist victims, who had their phones hacked. that's why there's a full police investigation, with all of the powers they need. we have the inquiries to get to the bottom of what went wrong. >> reporter: it's put former "news of the world" editor, rebecca brooks under incredible pressu
foss rupert murdoch. will they get answers when he and their son appeared before parliament next week. why won't republicans take what they can get in debt talks. i'll ask paul ryan about this game of chicken that's making so many americans sick. [ male announcer ] to the seekers of things which are one of a kind. the authentic, the rare, the hard to define. to those always searching for what's pure and what's real from we who believe we know just how you feel. haagen-dazs. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a. auto insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto insurance quote. u.s.a.a. we know what it means to serve. >>> casey anthony will be released from jail on sunday. as a free woman, she'll reportedly live in a secret location, likely under a new name, and according to some reports, she's being advised to dramatically change her appearance while her lawyers are aware of
murdoch. >> if i was running that company right now with all of the problems and difficulties and the mess frankly that there is, i think they should be focused on clearing this up rather than on the next corporate move. >> the affliction spreads as of the news international papers are accused of invading the privacy of gordon brown and his family. "newsnight" has new details of how mr. brown reacted when rebecca brooks broke the story of his son's illness. >> it's happened at the moment mr. murdoch was poised to take an even bigger role in british life. and his ambitions. rumors swirling around news international this afternoon are to save, rupert murdoch might dump all of its u.k. newspapers. >> more accusations to the placement were corrupted in exchange for information. also tonight, enough air conditioning to play football in the desert. how did he touch with a smaller population than west yorkshire persuade fever to let and stage the world cup? >> attack on 2020 is because it fits the purchased the people of in the mind. arab nation could not have one. >> no one it seems was safe fro
the intense debate of the phone hacking scandal. accused of getting too close to some of rupert murdoch's executives. charlie d'agata reports from london. >> order. >> reporter: british lawmakers took aim at the prime minister in a heated debate over the phone-hacking scandal. >> you live and you learn and believe you me i have learned. >> reporter: cameron is taking heat for hiring his former communications chief andy coleson. he was editor at rupert murdoch's "news of the world" when journalists hacked into the voice mails of murder victims and politicians. >> with 20/20 hind sight and all that has followed i would not have offered him the job and i expect that he wouldn't have taken it. >> it is not about hindsight, mr. speaker, it is not about whether he lied to him, it is about all the information and warnings that the prime minister ignored. >> reporter: now that collison has been arrested the prime minister is under even more pressure to distance himself from the scandal. >> so far the waters are not lapping at the door of number 10 but the questions are being asked about the fri
world news. >> hello and welcome to news day on the bbc. >> the headlines this hour. rupert murdoch orders full cooperation with the police as pressure increases over the british phone hacking scandal. the worst drought in 60 years has affected 12 million people. we have a special report from east africa. >> the new head of the international monetary fund tells the bbc the organization must be more open to developing countries. and the philippines' foreign minister heads to beijing for some tough talk over who owns some of the islands in the south china sea. in singapore, 8:00 a.m. here in singapore. >> 2:00 a.m. in london. broadcasting to viewers in the u.k. and around the world, this is newsday. >> hello and welcome. here in the u.k., lawyers for the relatives of british soldiers killed in iraq and afghanistan say police have warned their clients that their phones may have been hacked into by the news of the world. the tabloid newspaper at the center of a phone hacking scandal. the parent company, news corporation, said it would be absolutely appalled and horrified if the allegati
. >> two "news of the world" executives are disputing rue put murdock's testimony. they say murdoch misled the committee last week when he said he was not i ware that the hacking went beyond an e-mail. >>> the steamy heat that's been roasting the midwest, u.s., is now heading to the east coast. some 60 temperature records were shattered on saturday. they blame the heat for at least two deaths. in minneapolis the marquis reads we have air conditioning. who cares what's playing. those are the headlines from cnn, the world's news leader. i'm monita rajpal. "world business today" starts right now. -- captions by vitac -- www.vitac.com >>> good morning from cnn london, i'm nina dos santos. >> and from cnn hong kong, i'm manisha tank. these are the top stories on july 22nd. >>> now the real test is what do investors have to say about it. >>> deadlocked. debt talks may be little progress as a default deadline gets closer. >>> and the uk phone-hacking scandal takes dramatic new twist as james murdoch is accused of misleading mps. >>> before all that, a bailout and a default of sort. european leade
gossip that may millions for murdoch threatens to topple his very own $3 billion empire built on it. murdoch tried to pass the buck at the house of commons inquiry. every seen these guys? insisting he is not to blame for hacking phones. this is rupert, belonging to politicians, phones belonging to the royal family, hacking phones belonging to a murdered 13-year-old girl. hacking phones belonging to 9/11 families, and dead soldiers in the wars. serious allegations. the 80-year-old also appeared confused or some argue, just playing stupid when it came to the company paying millions of its own dollars to settle hacking lawsuits and not investigate past criminal allegations against them. >> do you accept that ultimately you are responsible for this whole fiasco. >> no. >> you're not responsible? who is responsible? >> the people that i trusted to run it and then maybe the people that they trusted. this is not an excuse. maybe it's an explanation of my laxity. "the news of the world" did less than 1% of our company. i employ 53,000 people around the world. it was up to the police. >> you
, rupert murdoch. nbc's martin fletcher has the latest from london. >> reporter: up, up, and away for rupert murdoch heading home to america after what he called the most humble day of his live. >> order. >> reporter: leaving behind uporder at parliament's emergency session. where prime minister david cameron ate humble pie, too. >> you live and you learn and believe you me, i have learned. >> reporter: cam ro had rejected advice and hired his communications chief andy coulson, the former editor of "news of the world." >> with 20/20 hindsight i would not have offered him the job and i expect he wouldn't have taken it. >> reporter: coulson resigned in january and was arrested two weeks ago in the phone hacking scandal. it's engulfing the media and the police. cameron is accused of being too cozy with news executives, two dozen meetings in less than two years. he came out fighting. >> i never had one inappropriate conversation. >> reporter: as for rupert murdoch -- >> you might say that the murdoch brand itself is hopelessly tarnished. >> reporter: still, the verdict in britain is t
korngss, including rupert murdoch's news corp. i'll ask him about that scandal, america's economy, and revolution in the middle east. also tonight. >> time is of the essence. we are running out of time. >> if america's debt rating gets downgraded, every interest rate in america will go up. >> two senators, democrat and republican, who think they've found a way out of this country's $14 trillion debt crisis. and a man who has strong opinions on just about everything, from casey anthony to president obama, to harry potter and the space shuttle. what will he say tonight? i'll ask the opinionated new voice of "the new york times." this is "piers morgan tonight." >>> good morning. "time" magazine calls prince alwaleed bin talal the arabian warren buffett. when he talks, the business world listens. tonight prince alwaleed bin talal joins me from the four seasons in paris where he's on vacation, to share his unique perspective on america's debt, the middle east, and the news corp. scandal. your highness, thank you for joining me. let me start right from the top by asking you of your impr
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